Seamount Financial Group Inc. Reduces Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Seamount Financial Group Inc. lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,370 shares of the company’s stock after selling 104 shares during the period. Seamount Financial Group Inc.’s holdings in VanEck Semiconductor ETF were worth $332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after acquiring an additional 253,300 shares during the period. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 56.9% in the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after purchasing an additional 217,702 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after purchasing an additional 202,744 shares during the period. Finally, Bank of Montreal Can boosted its position in VanEck Semiconductor ETF by 69.4% during the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $245.00 on Friday. The stock has a market capitalization of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. The business has a 50 day simple moving average of $248.61 and a 200-day simple moving average of $244.32. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.